Statutory Year End Accounts for Charities and Churches

A powerful tool that simplifies the process of preparing annual accounts and notes for regulatory compliance. Users can now generate compliant charity accounts tailored to meet the latest UK charity regulations directly from Liberty Accounts. This significantly helps save time, reduce errors, and ensure transparency.

Output is consistent with the latest SORP 2026 with tier 1 organisations being able to select between natural classification or activity based reporting.

The Process

Prepare the management accounting records

The usual regular bookkeeping activities for the reporting period.

Confirm the accounting policies

Only applies for those reporting under Income and Expenditure. Under the Control menu note the accounting policies. To ease things, default standard notes can be accepted and/or amended.

Run the SoFA or SoRP

From the Reports menu run the Statement of Financial Activities (SoFA) or Statement of Receipts and Payments (SoRP) for the reporting period and when ready simply click YEAR END ACCOUNTS.

Year End Accounts for Receipts and Payments

See Receipts and Payments Year End Accounts - Completion Notes.

Year End Accounts for Financial Activities

See Income and Expenditure (Accruals) Year End Accounts - Completion Notes.

Related Topics

• SoFA and SoRP reporting